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COLUMBUS, Ohio - Tom Noe, the imprisoned rare coin dealer and political operative now serving 18 years in prison for raiding a $50 million investment portfolio he had managed for the Ohio Bureau of Workers' Compensation, has asked the Ohio Supreme Court to overturn his conviction ...
Full Article: Former coin dealer Tom Noe appeals conviction to Ohio Supreme Court - Cleveland.com
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GAINESVILLE, Mo. — The Ancient Coin Collectors Guild (ACCG), a non-profit advocacy group that supports the free and independent collecting of coins from antiquity, has filed suit in U.S. District Court in Baltimore to expedite its challenge to import restrictions placed on ancient coins struck in Cyprus and China.
Back in April 2009, ACCG imported a small packet of inexpensive Chinese and Cypriot coins that were first detained and then seized in Baltimore, Maryland, on July 20, 2009.
Applicable laws require U.S. Customs to bring a forfeiture action promptly against the coins — in which the ACCG could then contest the validity of the U.S. State Department (DOS) decision to impose import restrictions.
Instead of filing the required action, however, U.S. Customs merely sat on the coins for almost 10 months, thus requiring ACCG to act ...
Full Article: Ancient Coin Collectors Guild Seeks Judicial Review - CoinNews
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At the end of December 2009, the Police Service of Northern Ireland issued advice to the public following reports that a number of counterfeit £1 coins had been detected in circulation across Northern Ireland.
The Royal Mint supports this advice and is seeking to correct an inaccuracy that has been reported in the Northern Irish media. It has been suggested in some reports that £1 coins created in 2008 with heraldic designs that do not have beading (i.e. a ring of small elevated circles around the edge) are counterfeit. This is incorrect.
There were two separate £1 coin designs created in 2008, one with beading and one without. Both are genuine legal tender and not counterfeit. The beading was removed on one version as part of a design initiative. It may not ...
Full Article: Circulating Counterfeit £1 Coin Differences - CoinNews
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R. Allen Stanford’s gold customers will regain possession of $21.2 million in coins and bullion seized 11 months ago from the company’s Houston headquarters when federal regulators raided the offices on suspicions the financier was running a $7 billion Ponzi scheme.
Investors had urged U.S. District Judge David Godbey, who is overseeing the U.S. Securities and Exchange Commission’s fraud lawsuit against Stanford in Dallas, to release their gold as ...
Full Article: Stanford Clients to Get Back Gold Coins, Judge Rules - Bloomberg
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A tip from an East Coast coin dealer has resulted in recovery of much of the inventory stolen from Julian Leidman.
Leidman told Numismatic News on Nov. 18 that police detectives and FBI agents made two recoveries following a tip from a dealer who doesn’t wish to be identified.
Leidman’s parked vehicle was broken into Oct. 11 as he was returning home to Silver Spring, Md., following a coin show. His vehicle was parked ...
Full Article: Leidman coins found after dealer’s tip-off - Numismatic News
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As if Tampa gold and coin dealer Mark Yaffe didn't have enough problems, he's now being pursued by the government of Austria.
From September 2008 to April 2009, the Austrian Mint delivered 1,500 gold coins worth about $650,000 to Yaffe's company, National Gold Exchange. Yaffe was supposed to sell them on consignment. But his July bankruptcy filing put a halt ...
Full Article: Austria to Tampa gold dealer: Give coins back - TampaBay.com
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Litigation surrounding the 1933 double eagles of the Langbord family, whose pater familias Israel Switt has his pedigree on all of the known pieces that the government has seized, took a new twist Sept. 29.
That day the U.S. Mint amended the existing lawsuit to counterclaim for relief not only to require the Langbord family to forfeit the 10 1933 $20 gold coins that they asked the Mint to authenticate, but to seek the same fate for anybody else that has one, too.
In a way, the litigation has come the full circle. But since ...
Full Article: New Government Legal Tack Could Backfire - NumisMaster.com
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The discovery earlier this week of a huge stash of stolen property strewn over two acres in Missouri City in rural Clay County is making for a heavy, and sometimes tedious, workload for investigators. But a discovery on Friday of some hidden treasures has re-energized authorities ... Boydston is talking about the discovery of a table full of money, coins and currency rich in history.
"There's (money) from the 1860's and obviously you don't have to be a curator to know this is someone's personal, very valuable collection," said Boydston ...
Full Article: Rare Coin Find Energizes Stolen Property Investigation - Fox4KC.com
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NGC has authenticated, graded and encapsulated ten 1933 Saint-Gaudens $20 gold pieces that were handed over to U.S. Treasury officials in 2005 for authentication. The coins are the subject of an ongoing lawsuit concerning their ownership. All ten coins have been encapsulated in NGC’s re-closeable museum holder with a unique serial number and certificate of grade ...
Full Article: NGC Certifies Ten 1933 Double Eagles - Numismatic Guaranty Corporation
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